Titlebook: Energy and the Wealth of Nations; Understanding the Bi Charles A. S. Hall,Kent A. Klitgaard Textbook 20121st edition Springer Science+Busin

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Charles A. S. Hall,Kent A. KlitgaardIntegrates energy and economics.Uses predictive tools and measures, such as EROI, to show how the economy is embedded in a biophysical world subject to scientific rules and constraints.Provides a fres

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on between energy and the wealth explosion of the 20th century, the failure of markets to recognize or efficiently allocate diminishing resources, the economic consequences of peak oil, the EROI for finding and978-1-4419-9398-4

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The Petroleum Revolutionels. Until the past few 100 years human activity was greatly limited by the diffuse nature of sunlight and its immediate products, and because that energy was hard to capture and hard to store. Now fossil fuels are cheap and abundant, .hey have increased the comfort, longevity, and affluence of most

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The Limits of Conventional Economicsndation of their applied work. This is a problem because policy makers, scientists, and others turn to economists for answers to important policy questions. The supposed ­virtues of “privatization,” “free markets,” ­“consumer choice,” and “cost–benefit analysis” are considered to be self-evident by

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The Petroleum Revolution II: Concentrated Power and Concentrated Industriesly measured in watts. From the standpoint of physics, . is energy used or expen­ded per unit of time, or the work that power causes or allows to be done. The most common unit of power is the watt, where 1 W = 1 J used/second.

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The Postwar Economic Order, Growth, and the Hydrocarbon Economya larger version of the economy of the early nineteenth century. It is fundamentally different. This chapter views the development of the American economy from the middle of the twentieth century through the financial crisis and recession of 2008. In 2008 Barack Obama was elected president of the Un

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